Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sees Unusually-High Trading Volume – Should You Buy?

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) saw strong trading volume on Wednesday. 4,777,517 shares traded hands during trading, an increase of 60% from the previous session’s volume of 2,978,185 shares. The stock last traded at $23.8550 and had previously closed at $23.86.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.0%

The stock has a fifty day simple moving average of $24.04 and a 200 day simple moving average of $24.43.

Hedge Funds Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.5% in the 1st quarter. Royal Bank of Canada now owns 17,334,539 shares of the company’s stock valued at $431,805,000 after buying an additional 253,371 shares during the period. Envestnet Asset Management Inc. grew its position in Schwab Intermediate-Term U.S. Treasury ETF by 103.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,469,330 shares of the company’s stock worth $233,514,000 after purchasing an additional 4,821,340 shares during the last quarter. Bank of America Corp DE increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 19.7% during the 1st quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock worth $154,170,000 after purchasing an additional 1,016,874 shares during the period. Cornerstone Wealth Advisors Inc. boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 3.9% during the third quarter. Cornerstone Wealth Advisors Inc. now owns 4,279,824 shares of the company’s stock worth $101,432,000 after buying an additional 159,762 shares in the last quarter. Finally, Pacific Sage Partners LLC boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 9.6% during the first quarter. Pacific Sage Partners LLC now owns 3,480,010 shares of the company’s stock worth $86,687,000 after purchasing an additional 306,106 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Company Profile

The Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade debt issued by the US Treasury with remaining maturity of 3-10 years. SCHR was launched on Aug 5, 2010 and is managed by Charles Schwab.